Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2007-04-12
2011-10-25
Patel, Jagdish N (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C463S026000
Reexamination Certificate
active
08046292
ABSTRACT:
A method in a computer system for a user to speculate on a financial market, comprises presenting a prompt to the user requesting parameter(s) defining a custom contract on future characteristic(s) of the financial market, presenting to the user a calculated value, such as a price, payout, or odds, for the custom contract determined based on the parameter(s) and data regarding the financial market, and presenting a prompt to the user requesting the user to purchase the custom contract based on the calculated value. The method thereby allows the user to define the custom contract, a bookmaker to offer the custom contract to the user based on the calculated value, and the user to purchase the custom contract from the bookmaker so that the bookmaker has an obligation to pay a payout amount upon the occurrence of the future characteristic(s) of the financial market satisfying the one or more parameters.
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Patel Jagdish N
Regent Markets Group Ltd.
Stoel Rives LLP
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